April 2017 Archives

On behalf of The Jackson Law Firm posted in Business Torts on Wednesday, April 26, 2017.

Intentionally interfering with relationships and/or contracts and causing someone to suffer economic damages is referred to as tortious interference. This misconduct is often seen in the business world and typically sparks a dispute between companies and clients; sellers and buyers; or employers and employees.

Trade secrets can be among the most valuable assets a company has. By definition, a trade secret is something that must be kept confidential. Without secrecy, the document, device, or technique in question could be worthless because it is no longer a trade secret.

Negotiating any type of contract or agreement as a business owner can be a complicated task. Often, contracts involve significant paperwork and legalese that seem tedious, but it is crucial that parties to a contract examine these documents thoroughly. Remember, too, that in addition to these contracts being dense and complex, you can also be working against a ticking clock.

Executive salaries and bonuses often make headlines here in the U.S., typically because they can be so high. However, it should be noted that executive compensation is often tied to performance or triggered by certain events.

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The Jackson Law Firm is located in Houston's Greenway Plaza area, and serves clients throughout Texas, including Houston, Sugar Land, Missouri City, Katy, Tomball, Spring, The Woodlands, Conroe, Pasadena, Baytown, Galveston, Webster and Clear Lake; Harris County, Montgomery County, Liberty County, Chambers County, Galveston County, Brazoria County and Fort Bend County.